New release: We're implementing new technology in our full stack mobile application, known as zk-PARKS, which will be the technology behind the usages of Electronero parking and Electronero smart contracts. This is the best way I can describe zk-PARKS is in the implementation behind the voting methods employed during the use of electronero smart contracts and parking powered by zero knowledge proofs theory. Through the use of zero-knowledge proofs, a method by which one party (the prover Bob) can prove to another party (the verifier Alice) that she knows a value x, without conveying any information apart from the fact that she knows the value x. Something otherwise concealed through cryptography. Many parties may be involved through participation in public groups. In the example, only Bob and Alice have proof.
In our example, Bob the Founder orders contract, and receives zero knowledge proof. Receives a contract profile with a link to invite participants. Many users join and have the opportunity to interact with the Contract. Knowing that it's an environment built around zero-knowledge proofs only Bob and Alice would know if Bob or Alice participated in the contract through verifiable blockchain proof.
We're making use of a new protocol! zk-PARKS, which will be the technology behind the usages of Electronero parking and Electronero smart contracts. This is the best way I can describe zk-PARKS is in the implementation behind the voting methods employed during the use of electronero smart contracts and parking powered by zero knowledge proofs theory. Through the use of zero-knowledge proofs, a method by which one party (the prover Bob) can prove to another party (the verifier Alice) that she knows a value x, without conveying any information apart from the fact that she knows the value x. Something otherwise concealed through cryptography. Many parties may be involved through participation in public groups. In the example, only Bob and Alice have proof.
In our example, Bob the Founder orders contract, and receives zero knowledge proof. Receives a contract profile with a link to invite participants. Many users join and have the opportunity to interact with the Contract. Knowing that it's an environment built around zero-knowledge proofs only Bob and Alice would know if Bob or Alice participated in the contract through verifiable blockchain proof
The acronym zk-PARKS stands for “Zero-Knowledge Private Interactive Argument of Knowledge,” and refers to a proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.
With this update comes:
-Double Spending outs upstream patch
-Hard Fork Announcment
https://github.com/electronero/electronero/releases/tag/12.3.3
In our example, Bob the Founder orders contract, and receives zero knowledge proof. Receives a contract profile with a link to invite participants. Many users join and have the opportunity to interact with the Contract. Knowing that it's an environment built around zero-knowledge proofs only Bob and Alice would know if Bob or Alice participated in the contract through verifiable blockchain proof.
We're making use of a new protocol! zk-PARKS, which will be the technology behind the usages of Electronero parking and Electronero smart contracts. This is the best way I can describe zk-PARKS is in the implementation behind the voting methods employed during the use of electronero smart contracts and parking powered by zero knowledge proofs theory. Through the use of zero-knowledge proofs, a method by which one party (the prover Bob) can prove to another party (the verifier Alice) that she knows a value x, without conveying any information apart from the fact that she knows the value x. Something otherwise concealed through cryptography. Many parties may be involved through participation in public groups. In the example, only Bob and Alice have proof.
In our example, Bob the Founder orders contract, and receives zero knowledge proof. Receives a contract profile with a link to invite participants. Many users join and have the opportunity to interact with the Contract. Knowing that it's an environment built around zero-knowledge proofs only Bob and Alice would know if Bob or Alice participated in the contract through verifiable blockchain proof
The acronym zk-PARKS stands for “Zero-Knowledge Private Interactive Argument of Knowledge,” and refers to a proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.
With this update comes:
-Double Spending outs upstream patch
-Hard Fork Announcment
https://github.com/electronero/electronero/releases/tag/12.3.3
What can I say? Some interesting news right there. Wonder if you can rephrase it in layman's terms for the less technology-savvy people?
Anyway, keep on doing what you're doing, you guys are pretty damn great, all around.
